Mnuchin was on Capitol Hill for a meeting about the bill Wednesday morning when a reporter asked him about what the president would be willing to sign regarding COVID-19 economic relief.
“The president will sign the McConnell proposal that he put forth yesterday,” Mnuchin said.
Immediately after, he was then asked by another reporter about House Speaker Nancy Pelosi’s proposal for relief, about which the Treasury secretary couldn’t say much.
“I’m not going to comment publicly on it, but I did speak to her briefly and there’s also the other bipartisan proposal.”
It is not known when the coronavirus relief package will be passed. Negotiations for a second one have been stalled for months, will little to no progress being made. The first package, known as the CARES Act, was successfully passed back in March and provided much needed economic relief to the tens of millions of Americans left unemployed and small businesses struggling to stay afloat due to the pandemic.
Since then, there have been three other packages. However, struggling Americans were only cut stimulus checks in the first round and some reports indicate that there may not be checks sent this time around either.
So far, it has been generally speculated that the stimulus package won’t be passed until the next Congress commences in January and President-elect Joe Biden is sworn into office.
You can follow Douglas Braff on Twitter @Douglas_P_Braff.
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TX Federal Judge takes ‘extraordinary’ step to ‘fast track’ ruling on Biden’s student loan forgiveness, forego trial
Just The News reported on an “extraordinary move” by one Texas judge who is prepared to cancel President Biden’s student loan debt forgiveness payments.
U.S. District Judge Mark T. Pittman, a Trump appointee, says he is ready to decide the merits of Biden’s plan and skip the preliminary injunction and customary trial.
“U.S. District Judge Mark T. Pittman had been holding a hearing on a request from the small business group Job Creators Network’s legal arm on behalf of two plaintiffs to issue a preliminary injunction blocking Biden from enacting the debt relief until the legality of his executive order was decided” Just The News reports.
However, Pittman declared “in a five-sentence, one-page order that the government and plaintiff lawyers had made all the necessary arguments and that a trial would not elicit further evidence so he is ready to move to a judgement on the merits of the case.”
“Having held a hearing on Plaintiffs’ Motion for Preliminary Injunction and reviewed the related briefing, the Court intends to consolidate as it appears that the Parties have presented their case and no evidence of significance would be forthcoming at trial,” wrote Pittman.
Pittman said he was prepared to advance the preliminary objection request “to a determination on the merits” and gave the Justice Department and plaintiff lawyers until Friday to file any objections to his plan.
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